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• Wax-ing Eloquently on Oxnard Transactions
10/28/10
Michael Wax, from Oxnard-based Industrial Park Associates, reported on a couple of transactions he recently closed in the Ventura County city of Oxnard. First, he repped the buyer, RD Anacapa Partners, LLC, in its purchase of...
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• Santa Barbara-Area Assisted Living Facility Obtains $6.8 Mil in New Financing
10/11/10
CB Richard Ellis Group (CBRE), through its direct HUD FHA lender, CBRE HMF Inc (CBRE HMF), arranged financing of $6.78 mil for the Heritage House Community, a 68-bed/56-unit assisted living and memory care facility nestled in...
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• Selleck Development the Winning Bidder for 21-Acre Westlake Village Site
9/15/10
What we’ve been told is the last remaining development site in Westlake Village, a 21.5-acre parcel at 30800 Russell Ranch Rd, was acquired by Selleck Development Group following a competitive bidding process that drew numero...
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• 400-Unit Oxnard Apartment Complex Trades Hands in $81 Mil Deal
9/03/10
In a large SoCal multifamily acquisition, a venture made up Kennedy Wilson, RECP/Urban Partners and Capri Capital Partners LLC, on behalf of Capri Urban Investors LLC, purchased Serenade, a 400-unit apartment community in Oxn...
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• Giftwares Company Acquires 208k sf Simi Valley Property
8/19/10
Kingsbridge International Inc., an importer / wholesaler of housewares and giftwares, has purchased a 208.5k sf industrial property in Simi Valley for $11.42 mi ($55/sf). The two-building property is located at 2900-2950 Made...
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• Newly Constructed Medical Office Building Fetches Nearly $11 Mil
8/05/10
Here’s the scoop on a newsworthy medical office building sale in San Luis Obispo that just closed yesterday. The property, a recently constructed, three-story, 45k sf building on the Sierra Vista Regional Medical Center campu...
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• Unusual SoCal Property Hits the Market
7/27/10
Here’s an unusual property listing to come on the market. A group of private investors are selling a 1.5 msf greenhouse/industrial property situated on 45 acres along Hwy 101 in Santa Barbara County. Valued at $18.5 mil, we’r...
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• Target to Anchor New Power Center in San Luis Obispo
7/20/10
National discount retailer Target picked up a 10-acre site in San Luis Obispo for construction of a new 140k sf store. The new Target will be the main anchor tenant at the Prefumo Creek Commons shopping center in San Luis Obi...
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• Dynacorn Pops Up in Camarillo
7/16/10
Dynacorn International Inc agreed to a seven-year lease for a 99k sf industrial building in Camarillo. The property is at 4030 Via Pescador, north of the 101 Fwy and on the east side of Lewis Rd. The transaction has a total v...
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• Barker Pacific Affiliate Acquires 108k sf Self-Storage Facility in Santa Maria
7/06/10
Los Angeles-based real estate developer Barker Pacific Group (BPG), through its affiliate Union Development Company (UDC), acquired A-American Self Storage in Santa Maria, a 108.6k sf self-storage and RV storage facility. Lo...
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• New Simi Valley Lifestyle Center Offered for Sale
6/30/10
Simi Valley Town Center, a newly developed, trophy lifestyle center located off the 118 Fwy in Simi Valley, has been put on the market. The Orange County and Los Angeles offices of HFF (Holliday Fenoglio Fowler) are handling ...
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• Chipotle to Open New 3k sf Location at Tejon Ranch
6/29/10
Chipotle Mexican Grill has signed a long-term lease to open a new 2.9k sf location at the master-planned Tejon Industrial Complex (TIC) situated off the Laval Rd exit of I-5, just south of the Hwy 99 interchange. Chipotle’s s...
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• Burlington Coat Factory to Dress Up Vacant 85k sf Space at Janss Marketplace
6/02/10
By Allen Wolfsheimer
NewMark Merrill Companies and Macerich solved a sizeable vacancy at Janss Marketplace, the popular regional shopping center in Thousand Oaks, by leasing out a vacant 85k sf anchor space to Burlington Coa...
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• 170-Unit Oxnard Apartment Property Hits the Market
6/01/10
Newport Landing, a 170-unit apartment complex in the SoCal city of Oxnard, was just listed for sale. Situated on 6.5 acres at 5200-5300 South J St, east of Ventura Rd and north of Hueneme Rd, the market-rate asset is primaril...
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• Houston Developer Acquires Five-Acre Site in Thousand Oaks
5/17/10
Belmont Village L.P., a Houston-based developer and operator of independent and assisted living facilities, has acquired a 5.08-acre land parcel in Thousand Oaks for $3.25 mil. Located west of the 23 Fwy, on the northeast cor...
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• Santa Paula Apartment Complex Sells for $6.8 Mil
5/06/10
The Santa Paula Townhouses, a 50-unit multifamily property located in the SoCal city of Santa Paula, was acquired by a private investor for $6.8 mil ($136k/unit). The complex is located at 101-111 East Ventura St, a couple of...
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• Oxnard Industrial Building Goes for Over $5 Mil
4/14/10
A 56.5k sf industrial building in Oxnard was purchased by Santa Barbara-based Design Studio, a distributor, for $5.15 mil ($91/sf). The property is located at 1600 Pacific Ave, west of Rose Ave and north of Oxnard Blvd.
Bui...
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• Huitt-Zollars Lands Two Oxnard Affordable Housing Assignments
4/12/10
Huitt-Zollars has been awarded the contracts for two affordable housing developments totaling approximately 256 units in the SoCal coastal community of Oxnard.
In one of the assignments, Huitt-Zollars has been engaged by Th...
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• Smith and Casamassima Named Principals at Lee & Associates
3/19/10
Mike Smith and Darren Casamassima have been elevated to Principal status at Lee & Associates-LA North/Ventura.
Smith, a specialist in multi-housing and investment sales, has successfully transacted more than $250 mil in apa...
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• Skyworks Renews Its 60k sf Space in Thousand Oaks
2/25/10
Skyworks Solutions Inc agreed to a 10-year renewal for its current 60k sf R&D building in Thousand Oaks. Located at 649 Lawrence Dr, the two-story building is part of The Arbors, a four-building, 270k sf office park owned and...
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